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Blockchain Revolution Series

Russia’s Alfa-Bank joins R3 blockchain consortium

Apr 02, 2018 10:11 am UTC| Digital Currency

Russian private commercial bank Alfa-Bank has officially announced that it is has become a member of the blockchain consortium led by R3. Headquartered in New York, the consortium counts a number of major banks,...

Blockchain Revolution Series

Polish bank partners with Coinfirm for blockchain-based document verification

Apr 02, 2018 09:19 am UTC| Digital Currency

Polish bank PKO Bank Polski has partnered with blockchain startup Coinfirm in its efforts to implement a blockchain solution for document verification. PKO Bank Polski and Coinfirm have signed a cooperation agreement....

Digital Currency Revolution

FxWirePro: ETH/USD trades below 400, bias bearish, good to go short on rallies

Apr 02, 2018 08:35 am UTC| Digital Currency

ETH/USD is trading in a narrow range on Monday with its upside being capped by 7-DMA. It is currently trading at 388 levels at the time of writing (Kraken). On the upside, a break above 404 (7-DMA) would target 435...

FxWirePro: BTC/EUR fails to close below 78.6% Fib, break below required for further weakness

Apr 02, 2018 08:27 am UTC| Technicals Digital Currency

BTC/EUR is extending range trade around major trendline support at 5575 levels. Price action failed to close below strong support at 78.6% Fib at 5488. Close below required for further weakness. The pair is...

Digital Currency Revolution

FxWirePro: BTC/USD upside capped by 7-DMA, good to go short on rallies

Apr 02, 2018 06:58 am UTC| Digital Currency

BTC/USD is trading in a narrow range on Monday as its upside is capped by 7-DMA. It is currently trading at 6918 levels at the time of writing (Bitstamp). On the topside, a break above 7002 (2h 50-SMA) would see the...

Digital Currency Revolution

Unity Technologies, Kin to revolutionise gaming with cryptocurrency

Apr 02, 2018 06:05 am UTC| Digital Currency

The Kin Ecosystem Foundation, a nonprofit governance body for the cryptocurrency Kin, has entered into an Asset Store partnership with Unity Technologies, a leading video game development company. Through this...

Blockchain Revolution Series

BoE announces PoC on ensuring renewed RTGS service’s compatibility with DLT

Apr 02, 2018 04:55 am UTC| Digital Currency

The Bank of England (BoE) has announced that it is commencing a proof-of-concept (PoC) to look into the way in which its renewed Real Time Gross Settlement (RTGS) service could be compatible with innovative payment...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Is China Opening Doors to Bitcoin ETFs? Investor's Comment Sparks Debate

Following the recent launch of Bitcoin ETFs in Hong Kong, speculation is mounting over potential access for mainland Chinese investors. Richard Byworth, a prominent Bitcoin investor, suggested that these ETFs could soon be...

Hyundai Pumps Over $900M into Self-Driving Tech, IONIQ 5 Wins Top Family SUV

In a significant move, Hyundai has invested more than $900 million into autonomous driving technologies through its startup, Motional. Concurrently, the Hyundai IONIQ 5 has been acclaimed as the Best Electric 5 Passenger...

Apple's Foldable Future: 20.3-Inch Hybrid in 2025, Foldable iPhone in 2026

Apple is reportedly intensifying its efforts to develop foldable devices. It aims to unveil a 20.3-inch hybrid by late 2025, followed by a foldable iPhone in late 2026. This move signifies a strategic shift towards...

South Korea Excludes Crypto in Donation Law Update, Charities at Risk

South Koreas recent amendments to donation laws have raised concerns as cryptocurrency remains excluded from permissible donation methods. The Ministry of Public Administrations decision, reported by local media outlet...

Shiba Inu Burn Rate Skyrockets: 81M SHIB Destroyed, Prices Surge

Shiba Inu, the beloved dog-themed meme coin, experiences an astounding 4000% surge in its burn rate, resulting in the destruction of over 81 million SHIB coins. This significant development has sparked optimism among...